The ex-dividend date is the date Select one: O A. before which no one can purchase additional shares of stock. O B. on which the dividend check is mailed to the holders-of-record. OC. on which the corporation's board of directors declares the dividend. O D. after which stockholders are not entitled to the next dividend payment. Matt is the CFO of Kuchar Consolidations Inc. KCl is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value of the old machine is $18,000 but the book value is $32,000. The firm's tax rate for ordinary income is 35%. What is the net cash outflow for the new machine after considering the sale of the old machine? 1 Select one: O a. $47,800 O b. $38,000 O c. $45,000 O d. $47,100 $4,100 Which of the following is a true statement? Select one: O A. In the maturity stage, firms often pay significant cash dividends. B. In the development stage, firms usually pay little or no cash dividends. O C. When a firm is in its early growth stage, it may pay stock dividends instead of cash dividends. O D. Each of these statements is true. Of the following options, a company with numerous new investment opportunities and little excess cash would most likely: Select one: O A. d Declare a stock dividend OB. Repurchase some of its own shares O C. Engage in a stock split O D. Increase its cash dividend payments A corporation's cash dividend policy will depend upon which of the following? 1. The number of promising new investment projects available II. The preference of shareholders for either cash dividends or capital gains III. Whether the firm is in the early or later stages of its lifecycle Select one: O A. I only OB.I and II only OC. I and III only O D.1, II and